Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article, I will talk about "BITCOIN and CATALYST". Former (Commodity Futures Trading Commission) CFTC chief Gary Gensler, nominated to chair the Securities and Exchange Commission (SEC), said on Tuesday that cryptocurrencies are "a catalyst for change." What did he mean…?
Let's start…
What is a catalyst…?
In the financial markets, a catalyst is an event or other news item that significantly increases or decreases the price of an asset. A catalyst can be almost anything: a earnings report, an analyst revision, a new product announcement, a piece of legislation, a lawsuit, the outbreak of war, a company acquisition proposal, an activist investor's move, ... Source by Investopedia
Who is Gary Gensler…?
Gary Gensler worked at Goldman Sachs for nearly 20 years and chaired the Commodity Futures Trading Commission during the Obama administration. Gensler is also a professor at MIT where he teaches on Blockchain technology and cryptocurrencies.
“These innovations have been a catalyst for change,” said Gensler.
Bitcoin and other cryptocurrencies brought a new perspective to payments and financial inclusion, but also raised new investor protection issues that we still need to deal with.
Let's go back a little ...
In 2020, the interest of financial institutions in cryptocurrencies started to increase. It started to spread in these days of 2021.
We met a new concept in 2020. "The Great Reset"…
In 2020, various countries started to develop their own cryptocurrencies ...
Sounds like nice news, right?
I think it's a big trap… Why?
The purpose of blockchain technology is to be decentralized. That is, it is refusing to be ruled by a minority.
These developments seem to be the legacy financial system giving hope to blockchain technology. This is not true…
How do you quietly take over a system…? You get it from inside ...
Currently available sumpers, elites of countries; It wants to take over the blockchain technology that belongs to humans for the first time. Then they will assemble their own systems ... Apparently decentralized, but central blockchain ...
When I think about this, I lose sleep… Please read my previous article “The Great Reset”…
My friends, please be careful… don't let financial institutions, countries take over your cryptocurrency…
As I always said, listen to everyone, decide for yourself ...
I'm looking forward to your comments. Thanks to your comments, we can shape my next articles together. Let's stay in touch… Take care of yourself so that you and the people around you are happy…
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